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<br />area commercial/industrial properties in the <br />early 1990's not only directly shifted property <br />tax burdens to other types of property, they <br />also reduced the amount of commercial and <br />industrial valuation contributed to the fiscal <br />disparities pool. As a result, the total <br />distribution levy generated through the fiscal <br />disparities program was also reduced. In the <br />mid-1990's, market value rebounds reversed <br />this trend. But reductions in the <br />commercial/industrial and public utility <br />property tax class rates by the 1997-2001 <br /> <br />Legislatures have slowed growth in the tax <br />capacity of both the Metropolitan and <br />Taconite Area fiscal disparities pools. When <br />tlle amount of this distribution levy declines <br />or grows more slowly than the total tax base, <br />a greater share Qfthe local tax bill is paid by <br />other types of properties, including the <br />portion of each commercial, industrial, and <br />utility property value taxed at the local tax <br />rate. <br /> <br />Resources <br />House Research: <br />11,1to: I/w\vw . house.1e g. state .11111. us/hrd/ issil1fo/tx prop .htIll <br />. The Fiscal Disparities Program: Commercial-Industrial Tax Base <br />. Minnesota's Fiscal Disparities Programs <br /> <br />The Metropolitan Council <br />I1ttO:! /W\vw. metrae OUI1Cil. or g/nletro are a/F iscalDisoari ties/index. htm <br />. Fiscal Disparities: Tax Base Sharing in the Twin Cities Metropolitan Area <br /> <br />Revised 8/08 <br /> <br />3 <br />